Cash

Cash is money or currency in the physical form, such as banknotes and coins. In accounting and finance, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

Cross-Border Travel Will Keep Cash Alive, Says Travelex CEO
Cross-Border Travel Will Keep Cash Alive, Says Travelex CEO
January 25, 2023  |  Travel Payments

Despite the digitization of retail banking, cash will not be disappearing anytime soon. That’s the opinion of Richard Wazacz, Global CEO at foreign exchange company...

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Paymentus Expands Bill-Pay as Consumers Embrace ‘Cash Stuffing’
Paymentus Expands Bill-Pay as Consumers Embrace ‘Cash Stuffing’
January 19, 2023  |  Cash

Paymentus says it is making it easier for billers to accept cash payments. The electronic bill-pay company has expanded the cash payment capabilities on its...

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UK ATM Withdrawals Surge as Brits Turn to Cash Budgeting
UK ATM Withdrawals Surge as Brits Turn to Cash Budgeting
January 17, 2023  |  Consumer Finance

For the first time in 13 years, ATM withdrawals have increased in the U.K. According to the building society Nationwide, which operates a network of...

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Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption
Italy Reshapes Pro-Cash Strategy Amid Surge in Digital Payment Adoption
January 15, 2023  |  Cash

Leading up to final approval, payments-related aspects of Italy’s 2023 budget were hotly debated. One of those debates ended up with the government backtracking on...

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Digital Payment Growth Threatens EU Consumers’ Cash Usage
Digital Payment Growth Threatens EU Consumers’ Cash Usage
January 11, 2023  |  Cash

Around a third of eurozone consumers have reduced their cash usage compared to pre-pandemic levels. According to the results of a recent European Central Bank...

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Danish Banks Celebrate Heist-Free 2022 Amid Surge in Online Fraud
Danish Banks Celebrate Heist-Free 2022 Amid Surge in Online Fraud
January 09, 2023  |  emea

Beyond convenience, there are major safety advantages to a cashless society. Proponents of cashless transactions and electronic money have often pointed to the risk of...

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Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
Nigeria’s Cash Crackdown Stands in Contrast to EU’s Pro-Cash Agenda
January 08, 2023  |  Cash

The Central Bank of Nigeria (CBN) is taking a tough stance on the cash economy. On Monday (Jan. 9), new limits on ATM withdrawals come...

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Consumer Demographics Determine Payment Preferences, Says European Central Bank
Consumer Demographics Determine Payment Preferences, Says European Central Bank
January 06, 2023  |  Payment Methods

The way consumers shop and pay has been clearly digitized in recent years. There are dozens of reports and surveys that attest to this fact,...

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Nigeria Continues Crackdown on Cash Economy
Nigeria Continues Crackdown on Cash Economy
January 05, 2023  |  Cash

Nigeria will ban cash withdrawals from government accounts from March 1. Modibbo Tukur, the chief executive of the Nigerian Financial Intelligence Unit (NFIU) said the...

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